No Result
View All Result
Monday, August 25, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Libya buys two new oil tankers – part of its 2020-23 development plan

bySami Zaptia
August 10, 2023
Reading Time: 2 mins read
A A
Libya buys two new oil tankers – part of its 2020-23 development plan

Libya buys two new oil tankers from Korea (Photo: GNMTC).

Libya’s state General National Maritime Transport Company (GNMTC) announced yesterday that two new tankers, Al-Hayat and Al-Kufra, have joined its fleet. It also revealed that they have already entered commercial operation under time-lease contracts with the Oman Charter Company and Core Transport LLC.

The GNMTC said the two new tankers are Aframax class tankers, with a total tonnage of 115,000 metric tons each, and their accession and entry to work ‘‘is part of the company’s relentless and steady steps towards developing its marine fleet’’.

Aframax (Average Freight Rate Assessment) class tankers are around 240 metres (790 feet) long and have capacities of 80,000 to 120,000 dwt. They carry roughly 500,000 to 800,000 barrels.

The GNMTC said the manufacture of the two tankers was completed in March 2023, at the basins of the Dehan Shipbuilding Company in South Korea. It said they were manufactured to comply with the highest quality standards and requirements of the Oil Companies International Marine Forum (OCIMF), and all international requirements and conditions applicable in the maritime market.

It said this step is an affirmation of the GNMTC’s intention to proceed with the implementation of its 2020-23 plan to develop its marine fleet.

RELATED POSTS

ACA suspends the Executive Director, the Chairman and 6 Board members of GNMTC

Five months on, GNMTC GM Tawati kidnapped again by armed militias

 

GNMTC announces its 2020-2023 modernization plan, ship auction (libyaherald.com)

Libya acquires new oil tanker: GHAT (libyaherald.com)

Libya buys brand new oil tanker from South Korea (libyaherald.com)

Libya buys two new oil tankers

Libya’s Marine Transport Company buys new oil tanker (libyaherald.com)

Libyan tanker Badr continues to be illegally detained in Bulgaria since 2017 – despite court rulings (libyaherald.com)

Libya objects to illegal boarding and detaining of its merchant ship in Bulgaria (libyaherald.com)

Tags: GNMTC General National Maritime Transport CompanyOil tanker

Related Posts

Egyptian consortium to start implementing Third Ring Road project within days: HIB head Ajaj
Business

HIB agrees with Germany’s UWA to start geotechnical testing for Gharian wastewater treatment plant

August 22, 2025
No saviour for Libya except through constitutional based elections to end transitional periods: Grand Mufti
Business

Dar al-Ifta pronounces that all meat imported from non-Islamic states is not deemed ‘‘halal’’

August 21, 2025
Adopting Libya’s National Strategy for the Communications and Informatics Sector 2023-2027
Business

General Authority for Communications and Informatics reaches agreement with China’s Huawei to resume operations in Libya

August 21, 2025
CBL receives results from meetings with international banks
Business

CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October

August 21, 2025
Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop
Business

Libyan Railroads to issue consultancy tender for Tripoli rail project

August 21, 2025
NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya
Business

NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya

August 21, 2025
Next Post
Libya Enterprise to discuss barriers to SME finance with local banks

Workshop launches unified SMEs digital platform

Libya’s Union of Chambers of Commerce calls on Presidency Council, the Central Bank of Libya and Audit Bureau to take steps to save Libyan economy

General Union of Chambers receives the German Deputy Ambassador - discusses prospects for commercial cooperation

ADVERTISEMENT

Top Stories

  • Adopting Libya’s National Strategy for the Communications and Informatics Sector 2023-2027

    General Authority for Communications and Informatics suspends activities of China’s Huawei in Libya for violating national and international laws

    0 shares
    Share 0 Tweet 0
  • New Libyan artificial intelligence system ‘‘LIBIGPT’’ to be launched soon

    0 shares
    Share 0 Tweet 0
  • Lufthansa to act as consultant for proposed new Libyan state airliner

    0 shares
    Share 0 Tweet 0
  • NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya

    0 shares
    Share 0 Tweet 0
  • CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Aldabaiba broadly welcomes Tetteh’s new political Roadmap

18 defendants held in pretrial detention for attempting to smuggle 180,000 litres of fuel across Libya’s border

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.